MANILA – Rising domestic coronavirus disease 2019 (Covid-19) infections continue to have an impact on investors, resulting in the negative close of both the main stocks index and peso on Friday.... Read full article
MANILA – The country’s economic outlook for this year remains rosy, Presidential Adviser for Entrepreneurship and Go Negosyo Founder Joey Concepcion said during the Laging Handa public briefing Tuesday.... Read full article
MANILA – Local shares bounced back on Thursday as bargain hunters looked for markets with no presence yet of the Omicron variant of the coronavirus disease 2019 (Covid-19), while the peso ended the day’s trading almost unchanged.... Read full article
MANILA – The Philippine peso is expected to remain generally firm against the US dollar as the Christmas holiday nears, a season for increased inflows from overseas Filipino workers (OFWs). ... Read full article
MANILA – The average rate of the Bangko Sentral ng Pilipinas’ (BSP) 28-day Bills moved sideways as demand remains despite the higher offer volume this week.... Read full article
MANILA – Profit-taking resulted in another drop in the Philippine Stock Exchange index (PSEi) on Friday but the peso appreciated against the US dollar.... Read full article
MANILA – The Court of Appeals (CA) has turned down a petition filed by a subsidiary of retail giant Robinsons for the use of the "My Choice" food and beverage products in its Ministop convenience stores.... Read full article
MANILA – High domestic liquidity condition continues to drive the demand for Bangko Sentral ng Pilipinas’ (BSP) 28-day Bills, which posted a lower rate on Friday.... Read full article
MANILA – The number of doses of coronavirus disease 2019 (Covid-19) vaccines either procured by the government or donated to the country is nearing the 100 million mark,... Read full article
MANILA – Department of Energy (DOE) Secretary Alfonso Cusi said prices of petroleum products are expected to further increase until early next year with the current shortage in oil supply in the world market.... Read full article